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Introductory remarks by Mr Mario Draghi, President of the European Central Bank, at the ECB colloquium held in honour of Mr José Manuel González-Páramo, Frankfurt am Main, 16 May 2012. […]
Speaking points by Mr Mojmír Hampl, Vice Governor of the Czech National Bank, at the European Economic Congress "Section: Banking Industry in the EU", Katowice, 15 May 2012. […]
Opening address by Mr Ong Chong Tee, Deputy Managing Director of the Monetary Authority of Singapore, at the SKBI Annual Conference on "Financial economics", at Singapore Management University (SMU), Singapore, 7 May 2012. […]
Speech by Mr Ardian Fullani, Governor of the Bank of Albania, at the presentation of the Bank of Albania's Annual Report 2011 to the Parliamentary Committee on Economy and Finance, Tirana, 30 April 2012. […]
Speech by Ms Elizabeth A Duke, Member of the Board of Governors of the Federal Reserve System, at the National Association of Realtors Midyear Legislative Meetings and Trade Expo, Washington DC, 15 May 2012. […]
The Office of the Comptroller of the Currency closed Alabama Trust Bank in Sylacauga on Friday, making it Alabama's first bank failure in more than a year. […]
Receiving Wide Coverage ... Your JPMorgan Minute: Irvin Goldman, recently “relieved of his duties” (the Journal’s words) as chief risk officer at JPMorgan’s chief investment office after the $2 billion-and-counting blowup, has prior experience with trading losses. In 2008, he blew at least $10 million during a prior job at the bank as […]
Barclays PLC said Monday that it intends to sell its $6.1 billion stake in BlackRock Inc., as the U.K. lender seeks to redeploy cash to boost its profitability and offset the effects of impending regulation. […]
National Bank Holdings Corp. in Boston is shifting its headquarters to Denver following a string of bank acquisitions in Colorado and nearby states. […]
Treasury prices edge down, nudging long-term yields up as a lack of negative news allows riskier assets to recover, reducing demand for the safe haven of U.S. debt.. […]
--Brokers and traders to seek compensation from Nasdaq for losses in Facebook IPO --Glitches affected millions of shares' worth of trading, says Nasdaq --Total losses sustained by brokers could reach $100 million, Knight Capital CEO --Finra to handle arbitration, distribution of compensation, sources say […]
The euro floats between positive and negative territory as strategists warn that more pressure may be in store due to continued uncertainty over Greece’s fate within the euro zone and jitters over the region’s banking system. […]
J.P. Morgan Chase & Co. will suspend its share buyback program in the wake of a $2 billion-plus trading loss, the bank’s chief executive says on Monday, as he declines to give a “running tally” on the loss, which may mount amid volatile market conditions. […]
Broader gains across European markets transpire to gains for London stocks on Monday, with resource and bank companies, such as BP and Barclays providing support. […]
Growth in the United Arab Emirates is expected to moderate to 2.3 percent in 2012 as oil production levels peak, but nonhydrocarbon growth is strengthening as the country's dependency on oil declines, the IMF says in its latest annual assessment of the economy. […]
African countries should rebuild their fiscal buffers and diversify their economies away from commodities in order to protect themselves from another possible global downturn, says Nigerian Finance Minister Ngozi Okonjo-Iweala. She adds that Africa should not be in the business of importing food. […]
Well-intended energy and food price subsidies are increasingly weighing on government budgets and debt levels across the Middle East and North Africa and are not necessarily the most efficient way to channel aid to the most vulnerable, participants at a recent IMF seminar said. […]
Despite the weaker global economic environment, sub-Saharan Africa is expected to continue growing strongly in 2012. GDP growth is forecast to increase slightly from the 2011 average of 5 percent, according to the IMF in its latest assessment of the region's economy. […]
Turkey, at the crossroads of Europe and the Middle East, is a key player in the global economy that has seen ten years of high growth. Going forward, it will be important that the country continues to implement economic reforms to sustain stability, growth and to increase employment, said Christine Lagarde on her first trip to the country since her selection […]
Growth in Asia is expected to pick up this year, after slowing in the last quarter of 2011, but Asian leaders now face the difficult task of adjusting policies to support stable, non-inflationary growth, say IMF economists. […]
The Democratic senators argued Thursday that the proposal by regulators to implement the ban on proprietary trading contains a "JPMorgan Loophole." […]
Financial regulators told a House panel Thursday that requiring banks to admit wrongdoing as a condition of settlements could raise safety and soundness concerns. […]
The Senate Banking Committee announced Thursday that it has invited JPMorgan Chase CEO Jamie Dimon to testify about the firm's $2 billion trading loss. A bank spokeswoman said Dimon has agreed to testify. […]
Chinese human rights activist Chen Guangcheng arrived Saturday evening in the United States, bringing an end to a diplomatic firestorm that erupted after he escaped from house arrest and took to YouTube to complain about abuse he said his family suffered at the hands of authorities. […]
French officials investigating the ex-IMF chief's alleged participation in a prostitution ring say police will begin looking into incidents in Washington. […]
When presumptive Republican presidential nominee Mitt Romney appears before Latino small-business owners in Washington on Tuesday, he'll address a group whose explosive birth rates foreshadow a seismic political shift in GOP strongholds in the Deep South and Southwest. […]
Northern Italy was shaken by an aftershock Monday morning, a day after a magnitude-6.0 quake killed at least seven people and left thousands of survivors huddling in tents or cars overnight. […]
Protesters vowed to carry out disruptive demonstrations Monday in Chicago, a day after baton-wielding police clashed with demonstrators in a violent confrontation that left dozens injured just blocks from where NATO leaders were gathered. […]
16 May 2012 -- One in three adults worldwide has high blood pressure – a condition that causes around half of all deaths from stroke and heart disease, according to the World health statistics 2012 report released today. One in 10 adults has diabetes. […]
4 May 2012 – On Hand Hygiene Day (5 May), more than 15 000 health-care facilities from 156 countries are participating in the WHO Save Lives: Clean Your Hands Initiative by committing to improve patient safety by practicing better hand hygiene […]
2 May 2012 -- Over one million of preterm babies die shortly after birth and countless others suffer some type of lifelong physical, neurological, or educational disability. An estimated 75% of preterm babies who die could survive without expensive care if a few proven and inexpensive treatments and preventions were available worldwide. […]
24 April 2012 -- On the eve of World Malaria Day 2012, WHO hails global progress in combating malaria but highlights the need to further reinforce the fight. WHO’s new initiative, T3: Test, Treat, Track, urges malaria-endemic countries and donors to move towards universal access to diagnostic testing and antimalarial treatment, and to build robust malaria su […]
24 April 2012 -- Announcing a new global strategy aimed at reducing measles deaths and congenital rubella syndrome to zero. The announcement comes with the publication of new data using a state-of-the-art methodology showing that efforts to reduce measles deaths have resulted in a 74% reduction in global measles deaths, from 2000 to 2010. […]
23 April 2012 – The first World Immunization Week is being held from 21 to 28 April 2012 with activities in over 180 countries. The theme of the week, ‘Protect your world: Get vaccinated’, aims to reinforce the importance of immunization and encourage people everywhere to vaccinate themselves and their children against serious diseases. […]
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